MARKET WRAP: Sensex ends 139 pts higher in volatile trade; ONGC gains 5.7%

Shares of state-owned oil and gasoline companies rallied up to 10 per cent on the BSE in the intra-working day trade on Friday as crude oil selling prices extended their northward journey. On Thursday, Brent crude price crossed $fifty per barrel-mark for the 1st time given that March on desire recovery and hopes of Covid-19 vaccine.

ONGC ended 5.68 per cent higher at Rs 96.80 on the BSE. 

In the broader current market, the S&P BSE MidCap index ended .15 per cent higher at 17,521 points and the S&P BSE SmallCap index settled .fifty one per cent higher at 17,553 points.

Among the sectoral indices on the NSE, Nifty Metallic gained the most – up over one per cent to 3,146 ranges. On the other hand, Nifty Pharma slipped .six per cent to 12,366 ranges. 

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MARKET LIVE: Indices remain subdued, Sensex down 250 points; banks drag

Weak world-wide cues, concerns about India-China tensions, and an unwelcome news on the Covid entrance dragged the Indian fairness marketplaces about fifty percent a per cent decreased on Wednesday.

The S&P BSE Sensex slid 250 factors to 38,one hundred ranges and the Nifty50 index gave up the eleven,250-mark. ONGC and Tata Steel (both of those down 3 per cent) had been the leading Sensex laggards. On the other hand, Reliance Industries rose 1 per cent right after announcing that Silver Lake would commit Rs 7,500 crore in Reliance Retail.

In the meantime, AstraZeneca Pharma tumbled 13 per cent right after the business “voluntarily paused” a randomized clinical trial of its coronavirus vaccine in what it referred to as a schedule motion right after a volunteer designed an unexplained ailment.

IRCTC shares also slid 4 per cent in early offers right after the business said the govt programs to offer about
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